Items Tagged with 'AIME'

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Brokers will be able to check pricing, lock rates, upload documentation, and much more — all in a first of its kind environment that unites traditional human connection with cutting-edge technology, the company said in a statement.

Last week, industry leaders gathered to share perspectives on rising rates, innovation and purchase origination at MBA Annual in Washington, D.C. and AIME FUSE in Las Vegas. All origination channels are facing the same market conditions, but market leaders are taking very different approaches to succeed in this rising rate, purchase-driven market.

BRAWL has given mortgage brokers a real voice in the industry – one that can’t be ignored. The movement sparked meaningful change that has helped mortgage brokers grow their business. It started professional dialogue between brokers and wholesale lenders that, in many cases, has led to mutually beneficial solutions and working partnerships that are stronger than they were previously.

Senator John McCain died Saturday at 81 after a year-long battle with brain cancer. Also, there’s a bit of a situation happening between Quicken Loans and United Wholesale Mortgage, and it’s been a virtual he-said, she-said all week. We've got a recap for you. In case you missed it, Federal Reserve Chair Jerome Powell talked rates on Friday. Plus, the Internet is freaking out because Warren Buffett has apparently overestimated the value of his California beach house.

Quicken Loans yesterday accused workers of United Wholesale Mortgage of using vandalism to subvert its mortgage lending operations. In that article, Quicken had the floor. Yesterday, UWM provided its response to the entire situation to HousingWire. Here's what they have to say...

"The disparity between the rates being offered to consumers by independent mortgage brokers through the Quicken Loans Wholesale division in comparison to the rates being offered to consumers if they go directly through Quicken Loans retail or Rocket Mortgage is substantial," said AIME Chairman Anthony Casa.

In a recent exchange of emails with HousingWire, Quicken Loans defended its business practices, saying more than 25 C2 Financial LOs were left upset and confused by the latest development, while also accusing AIME members of trying to undermine its operations, namely United Wholesale Mortgage. Read through and judge for yourself.

The decision of C2 Financial to part ways with Quicken Loans is understandably a messy affair. And, it’s one that points to a larger issue facing the mortgage lending industry: Who has the right to refinance LO clients? Here's the latest.

Mortgage industry trade group Association of Independent Mortgage Experts just created a new holiday to honor the nation's mortgage brokers: National Mortgage Brokers Day. The new holiday took place on July 18 and will continue to take place every July 18 henceforth until the end of the industry.

Creator of the BRAWL (Brokers Rallying Against Whole-tail Lending) movement and AIME (Association of Independent Mortgage Experts), Anthony Casa has created platforms to empower brokers and bring change, in terms of policy and business practices, within the industry.